MM CHAUFFE
ActiveMM CHAUFFE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €13k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 4477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-3
Solvency70▼-5
Growth73=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 3.27 in 2024; short-term debt: 23.9% and cash: 34.8% of total assets), but 55.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
7.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
72 d early
2023
8 d late
2022
25 d late
2021
74 d early
2020
31 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€301k▲ 111%
2021 · €143k
2018: €214k
2019: €283k
2020: €178k
2021: €143k
2018 → 2022
EBIT margin
7.5%▲ 7.0pp
2021 · 0.5%
2018: -1.3%
2019: 4.2%
2020: 7.3%
2021: 0.5%
2018 → 2022
Net result
€13k▼ 10.6%
2024 · €15k
2018: €-3k
2019: €10k
2020: €10k
2021: €-1k
2022: €20k
2023: €4k
2024: €15k
2018 → 2025
Working capital
€73k▼ 7.8%
2024 · €79k
2018: €29k
2019: €23k
2020: €35k
2021: €-8k
2022: €36k
2023: €75k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€143k-€301k▲ 111%
Equity€43k-€58k▲ 36.9%€63k▲ 7.5%€71k▲ 13.8%€78k▲ 8.6%
Operating result€658-€23k▲ 3,322%€9k▼ 60.0%€19k▲ 115%€17k▼ 13.9%
Net result€-1k-€20k€4k▼ 77.9%€15k▲ 236%€13k▼ 10.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€59k▲ 96.5%
Current assets
€114k▲ 0.1%
Equity and liabilities €173k
Equity
€78k▲ 8.6%
Debt
€95k▲ 31.5%
The debt ratio rises from 50.4% to 55.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▼
2024 · €32k
Cash flow
€26k▼
2024 · €28k
Solvency
44.8%▼
2024 · 49.6%
Current ratio
2.77▼
2024 · 3.27
Quick ratio
2.77▼
2024 · 3.27
Debt / equity
1.23▲
2024 · 1.02
ROE
16.9%▼
2024 · 20.6%
ROA
7.6%▼
2024 · 10.2%
Interest coverage
18.00▲
2024 · 14.73
Debt
€95k▲
2024 · €73k
Debt ≤ 1 year
€41k▲
2024 · €35k
Debt > 1 year
€54k▲
2024 · €37k
Income taxes
€3k▼
2024 · €4k
Staff costs
€54k▲
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€144k€173k▲
Fixed assets21/28€30k€59k▲
Intangible fixed assets21€944€619▼
Tangible fixed assets22/27€29k€58k▲
Land and buildings22€20k€14k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€43k▲
Current assets29/58€114k€114k▲
Amounts receivable within one year40/41€49k€53k▲
Trade receivables40€38k€30k▼
Other amounts receivable41€11k€23k▲
Cash at bank and in hand54/58€64k€60k▼
Deferred charges and accrued income490/1€790€824▲
Equity and liabilities
Total equity and liabilities10/49€144k€173k▲
Equity10/15€71k€78k▲
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€38k€44k▲
Amounts payable17/49€73k€95k▲
Amounts payable after more than one year17€37k€54k▲
Financial debts170/4€7k€23k▲
Other amounts payable178/9€30k€31k▲
Amounts payable within one year42/48€35k€41k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43€0€0=
Credit institutions430/8€0€0=
Trade debts44€14k€16k▲
Suppliers440/4€14k€16k▲
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€0€3k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€7k€7k▲
Accrued charges and deferred income492/3€759€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€51k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€387€400▲
Gross operating margin9900€83k€83k▼
Operating profit (loss)9901€19k€17k▼
Financial income75/76B€1k€834▼
Recurring financial income75€1k€834▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€19k€16k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€15k€13k▼
Profit (loss) for the period to be appropriated9905€15k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€44k€51k▲
Profit (loss) brought forward from the previous period14P€29k€38k▲
Profit to be distributed694/7€6k€7k▲
Return on contributions (dividend)694€6k€7k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.16
Current ratio from 0.87 to 2.16; short-term debt falls from €59k to €31k.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
19-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 19 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue du Fort(Flh) 254400 FlémalleGround area
2,394 m²
Building footprint
90 m²
Volume, LiDAR
325 m³
Parcel 62037B0928/00K000, Wallonia · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MM CHAUFFE
since 20132.222.942.862
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62037B0928/00K000 | Wallonia | 2,394 m² | 1 · 90 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,280 companies in sector 81100 we hold annual accounts for 677. 414 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2013
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.